The Malaria Treatment Global Market Report 2023, provides comprehensive information on the malaria treatment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global malaria treatment market size is expected to grow from $1.42 billion in 2022 to $1.49 billion in 2023 at a compound annual growth rate (CAGR) of 4.77%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of malaria treatment market is expected to reach $1.82 billion in 2027 at a CAGR of 5.14%.
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The development of novel diagnostic technologies is a key trend gaining popularity in the malaria treatment market. Companies operating in the malaria treatment market are adopting novel diagnostic malaria detection technologies to sustain their position in the market. For instance, in October 2021, Sysmex America Inc., a US-based automated diagnostic technology developer, and manufacturer, launched XN-30- an automated hematology analyzer for malaria detection. The XN-30 has novel features like a violet laser, specialized reagents, and advanced algorithms which enable differentiation between malarial strains like P. falciparum and non-falciparum species and understand their life cycle staging. This detection aids in the effective management of malaria treatment and recovery of the patients.
The malaria treatment market is segmented:
1) By Treatment: Prescription Medications, Vaccines, Diagnostic Tests, Other Treatments
2) By Route of Administration: Oral, Parenteral, Intravenous
3) By Distribution Channel: Direct Tender, Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Other Distribution Channels
4) By End User: Hospitals, Specialty Clinics, Homecare, Other End Users
Middle East and Africa was the largest region in the malaria treatment market in 2022.
The table of contents in TBRC’s malaria treatment market report includes:
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